Navi Mumbai

Huge Demand was created to the tune of 1.40 Crs., due to mismatch of Taxes paid and other issues. Cases were very Old 08-09 to 12-13. Matter was continuously monitored with A.O. As a result demand was reduced to Nil & Refund of around 60 Lacs received by Assessee.

Assessee was a regular tax payer failed to show some properties, came to Tax Maestro for IDS. Assessee calculated values wrongly at a very high rate. He was properly Advised to declare the value as per IDS rule. Thus legally, his Tax liability was reduced to the great extent. His Accounts were corrected. Returns of all Family members were filed and made updated.

Mumbai

Complex case selected for Scrutiny under Income Escapement fault, various details and explanations called for. Detailed and proper explanations filed. Order under section 143(3) was passed without any additions.

Navi Mumbai

Assessee is a proprietor of a famous Logistic Concern but could not file returns for 2 years due to fear. Case was properly investigated by Tax Maestro. Tax planning was done, returns filed for 2 Years and case has been scrutinized since. Returns also filed of family members, He is a happy person now.

Nagpur

The case was reopened under sec. 147 in response to some information received from other department. A.O made huge additions, treating certain purchases as bogus accommodation entries. A reply was filed by Tax Maestro citing Supreme Court & High Court cases. The case decided on Merits by CIT(A) in favor of the Assessee and Huge demand has been reduced.